XTX Topco Ltd Takes Position in Sturm, Ruger & Company, Inc. (NYSE:RGR)

XTX Topco Ltd acquired a new position in shares of Sturm, Ruger & Company, Inc. (NYSE:RGR - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 14,769 shares of the company's stock, valued at approximately $522,000. XTX Topco Ltd owned about 0.09% of Sturm, Ruger & Company, Inc. at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of RGR. Rule One Partners LLC acquired a new position in shares of Sturm, Ruger & Company, Inc. in the third quarter valued at $9,142,000. Bank of New York Mellon Corp boosted its holdings in shares of Sturm, Ruger & Company, Inc. by 12.6% during the 4th quarter. Bank of New York Mellon Corp now owns 202,841 shares of the company's stock worth $7,174,000 after buying an additional 22,736 shares during the period. Meeder Asset Management Inc. acquired a new position in Sturm, Ruger & Company, Inc. in the 4th quarter valued at about $481,000. Inceptionr LLC bought a new position in Sturm, Ruger & Company, Inc. in the 4th quarter valued at about $321,000. Finally, Allspring Global Investments Holdings LLC lifted its position in Sturm, Ruger & Company, Inc. by 323,785.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 22,672 shares of the company's stock worth $802,000 after acquiring an additional 22,665 shares during the last quarter. 64.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Sturm, Ruger & Company, Inc. from a "buy" rating to a "strong-buy" rating in a report on Monday, February 24th.

Sturm, Ruger & Company, Inc. Stock Performance

Shares of RGR stock traded up $0.65 on Tuesday, hitting $39.64. The company's stock had a trading volume of 120,863 shares, compared to its average volume of 152,216. Sturm, Ruger & Company, Inc. has a fifty-two week low of $34.11 and a fifty-two week high of $47.28. The company has a market capitalization of $664.50 million, a PE ratio of 22.40 and a beta of 0.22. The stock's 50 day moving average is $39.03 and its 200-day moving average is $38.11.

Sturm, Ruger & Company, Inc. (NYSE:RGR - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported $0.62 EPS for the quarter, hitting the consensus estimate of $0.62. The company had revenue of $145.78 million for the quarter, compared to analysts' expectations of $137.77 million. Sturm, Ruger & Company, Inc. had a net margin of 5.70% and a return on equity of 9.49%. During the same period last year, the firm earned $0.58 earnings per share. On average, research analysts forecast that Sturm, Ruger & Company, Inc. will post 2.31 earnings per share for the current year.

Sturm, Ruger & Company, Inc. Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.42%. This is an increase from Sturm, Ruger & Company, Inc.'s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, March 14th. Sturm, Ruger & Company, Inc.'s dividend payout ratio is presently 54.24%.

About Sturm, Ruger & Company, Inc.

Sturm, Ruger & Co, Inc engages in the business of designing, manufacturing, and selling firearms to domestic customers. It operates through the Firearms and Castings segments. The Firearms segment focuses on manufacturing and selling rifles, pistols, and revolvers principally to a number of federally licensed, independent wholesale distributors.